Dick's Sporting Goods Inc. (DKS): Today's Featured Specialty Retail Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Dick's Sporting Goods ( DKS) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day up 0.8%. By the end of trading, Dick's Sporting Goods rose $0.62 (1.2%) to $53.20 on light volume. Throughout the day, 627,580 shares of Dick's Sporting Goods exchanged hands as compared to its average daily volume of 1,189,100 shares. The stock ranged in a price between $52.17-$53.23 after having opened the day at $52.58 as compared to the previous trading day's close of $52.58. Other companies within the Specialty Retail industry that increased today were: Mecox Lane ( MCOX), up 23.2%, Charles & Colvard ( CTHR), up 14.9%, China Auto Logistics ( CALI), up 5.8% and Zagg ( ZAGG), up 4.0%.

Dick's Sporting Goods, Inc. operates as a sports and fitness retailer primarily in the Eastern United States. The company provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products. Dick's Sporting Goods has a market cap of $5.2 billion and is part of the services sector. Shares are up 15.6% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate Dick's Sporting Goods a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Dick's Sporting Goods as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Sport Chalet ( SPCHA), down 4.8%, CSS Industries ( CSS), down 3.5%, Dover Saddlery ( DOVR), down 3.1% and Birks & Mayors ( BMJ), down 2.2% , were all laggards within the specialty retail industry with Staples ( SPLS) being today's specialty retail industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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